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Polymarket Falls Behind Kalshi in Prediction Market Race After Operational Stumbles

Polymarket Falls Behind Kalshi in Prediction Market Race After Operational Stumbles

Polymarket has fallen behind Kalshi in prediction market trading volume due to operational issues, including a botched fee rollout and a prolonged exchange outage. The setback has caused frustration among backer Intercontinental Exchange. The shift highlights challenges in the competitive prediction market space as Kalshi gains ground. The article was published on April 23, 2026.

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